Switzerland-Based Condair Group AG Plans Chesterfield County, Virginia, Operations

URLhttps://www.areadevelopment.com/newsItems/6-19-202
SourceArea Development
Date Published06/19/2024

Additional Reshoring Information:

Company/Division name Condair
Parent companyCondair Group AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):180
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):57.2
Country(ies) from which reshored:Switzerland
City reshored to:Chesterfield
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredhumidifiers/dehumidifiers
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:.7
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